Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6354 Rolling Mill Pl, Unit 103 Springfield, VA 22152

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,450 /Mo

    Ground floor office unit in West Springfield for rent.

    Lot size:
    0.02 Acres

    Property Features for 6354 Rolling Mill Pl

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.02 Acres

    Building Details

    Year built
    1989

    We can help!

    Listing Contact
    Patrick L Saltz
    Patrick L Saltz
    Source: Elliman

    Listing Agency: Saltz Realty, Inc. Listing Agent: Patrick L Saltz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    West Springfield Office Space Available

    This ground floor office unit, located in West Springfield, offers approximately 1,000 square feet of finished space. The layout includes multiple private offices, an open workstation area, and a private half bath. The property is suitable for professional business use. The tenant is responsible for covering the costs of electricity and taxes.
    Location Intelligence

    Current Use by Public Records

    Terapia AYDEN Hospital Bose Law Firm, ... Law Firm Virginia Hemmer Physician Mrs. Sandra Rice Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2380388
    Latitude
    38.7790423

    Nearby Similar for Lease

    • $1,450 /Mo
      871 SF

      West Springfield Ground Floor Office

      Ground floor office space in West Springfield, approximately 1,000sqft.
      6354 Rolling Mill Pl, Springfield, VA 22152
      View Details
    • $1,100 /Mo

      Cary Building

      Available Now: Ideal for a small business, therapist, attorney, medical or remote team
      8136 Old Keene Mill Rd, Springfield, VA 22152
      View Details
    • $750 /Mo

      SPRINGFIELD, VA Office Spaces

      Office spaces for lease in the heart of Springfield!
      8322-D Traford Ln, Springfield, VA 22152
      View Details
    • $5,730 /Mo

      Office Space Near Amazon Building

      5,000 SF office space for lease near I-495.
      6628 Electronic Dr, Springfield, VA 22151
      View Details
    • $2,300 /Mo

      Updated Office Condo For Lease

      Updated, partially furnished office condo in a desirable Springfield location.
      6371 Rolling Mill Pl, Springfield, VA 22152
      View Details
    • $750 /Mo

      Springfield Office Spaces For Lease

      Office spaces for lease in the heart of Springfield.
      8322 Traford Ln, Springfield, VA 22152
      View Details
    • $2,500 /Mo

      Springfield Office Space For Rent

      Renovated office space suitable for various professional uses.
      5524 NW Hempstead Way, Springfield, VA 22151
      View Details
    • $5,000 /Mo

      Versatile Space for Lease

      Two-floor property with modern amenities suitable for various uses.
      7364 Steel Mill Dr, Springfield, VA 22150
      View Details
    • $2,300 /Mo

      Furnished Office Condo For Rent

      Furnished office condo suitable for small businesses or remote workers.
      6371 Rolling Mill Pl, Springfield, VA 22152
      View Details
    • $750 /Mo

      Springfield Office Spaces For Lease

      Office spaces for lease in the heart of Springfield.
      8322 Traford Ln, Springfield, VA 22152
      View Details
    • $2,500 /Mo

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
      5524 NW Hempstead Way, Springfield, VA 22151
      View Details
    • $25 SF/Yr

      Springfield Premier Commercial Space

      Premier commercial space in Springfield with high visibility and accessibility.
      6320 Augusta Dr, Springfield, VA 22150
      View Details

    FAQs

    What type of property is this?
    Office units - Ground floor office unit in West Springfield for rent.
    Where is this office units located?
    The property is located at 6354 Rolling Mill Pl, Unit 103 Springfield, VA.
    What is the lease rate?
    The lease rate is $1,450 /Mo.
    What are key features of this property?
    This property features: - Ground floor unit with no stairs; - Ideal West Springfield location; - Approx. 1,000 sqft of finished office space
    (703) 850-8615
    Request Owner's contact information
    6354 Rolling Mill Pl, Unit 103 Springfield, VA 22152
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6354 Rolling Mill Pl, Unit 103
    Springfield, VA 22152
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6354 Rolling Mill Pl, Unit 103 Springfield, VA 22152
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patrick L Saltz
    Patrick L Saltz
    (703) 850-8615 (703) 569-1100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!